March 10 , 2009
Cost sharing is an issue that affects all institutions, and its implications are often the cause of confusion. The program will include a review of the types of costs that qualify for cost sharing, the accepted categories of cost sharing, and the requirements for documenting and reporting it. The panel will discuss the various pressure points with cost sharing, from proposal to award to project closeout.
In addition, the relationships among cost sharing, effort reporting, and indirect cost rates create the need for sophisticated systems to manage the complexities, and the panel will discuss the key points of intersection. Finally, the panel will seek to clarify important risk areas arising from a heightened emphasis on cost sharing in recent audits.
Learning Objectives:
- Participants will acquire an understanding of the applicable federal policies, the OMB Clarification Memo of January, 2001, and expectations for reporting and documentation.
- Participants will learn scope of cost sharing responsibilities on a university campus.
- Participants will learn how cost sharing affects F&A rates and effort reporting responsibilities.
- Participants will learn about recent Federal audits and new developments relating to cost sharing.
Moderator
Kim Moreland, Associate Vice Chancellor for Research Administration, University of Wisconsin - Madison
Panel
Richard Seligman, Associate Vice President for Research Administration, California Institute of Technology
Stephen Hansen, Associate Provost for Research and Dean, Graduate School, Southern Illinois University Edwardsville
Tracey Fraser, Senior Director, Financial Services, California Institute of Technology
